R/€ = 18.47 Change: -0.04
R/$ = 15.15 Change: 0.00
Au 1867.16 $/oz Change: 4.42
Pt 1107.67 $/oz Change: -2.22


Construction bodies unite into single alliance  

By: Irma Venter     21st January 2021 Twenty-nine of South Africa's professional, contractor, supplier and other bodies within the construction industry have united to form a single umbrella organisation, called the Construction Alliance South Africa (CASA). Industry stalwart John Matthews has been appointed as CASA chairperson. 

Report views decarbonising supply chains as ‘major opportunity’

By: Simone Liedtke     21st January 2021 The commitment to tackling climate change is accelerating in all sectors of society, with net-zero pledges from companies, cities, States and regions having doubled in the past year. The World Economic Forum (WEF) says decarbonising supply chains is a major opportunity for companies to put these... 

Coal price expected to average $100/t as China turns to South Africa for coal 

By: Martin Creamer     15th January 2021 China is buying South African coal at a time when analysts are forecasting a buoyant average coal price of $100/t for the first half (H1) of 2021. The purchase of South African coal by China follows Chinese relations with Australia deteriorating last year and imports of coal from Australia being... 

Association pleads with Free State transport department for road repairs

By: Marleny Arnoldi     15th January 2021 Agricultural association Free State Agriculture (FSA) has directed a letter to the Free State Department of Police, Roads and Transport requesting urgent actions to repair roads for critical access in the province. This comes as recent flooding in the province has caused severe damage to roads... 

Northern Dynasty to pursue Pebble appeal with vigour - CEO

By: Creamer Media Reporter      17th December 2020 Northern Dynasty, the Canadian company that owns the contentious Pebble project, in Alaska’s Bristol Bay, will in January submit its request for an appeal of the US Army Corps of Engineers’ (USACE’s) negative record of decision (RoD). The company said on Thursday it would argue that the USACE’s... 

Contango sees potential to develop larger-than-expected operation in Mali

By: Creamer Media Reporter      15th December 2020 An independent technical report on LSE-listed Contango Holdings' Garalo project, in Mali, has determined a potential gold resource of 1.8-million ounces, at an average grade of 1 g/t. This is about 460% higher than a previous estimate, Contango reported on December 15. 

MACA makes a A$175m offer for Mining West

By: Esmarie Iannucci     15th December 2020 Mining services provider MACA has struck a A$175-million deal with fellow lited Downer EDI to acquire its Mining West business unit. The acquisition would cover all assets, contracts, employees and liabilities comprising the Mining West business, which currently include four large contracts at... 

Hunt on for ‘tens of billions’ more, as ABB agrees to repay R1.56bn to settle corrupt Kusile contract

By: Terence Creamer     11th December 2020 Eskom and the Special Investigating Unit (SIU) announced on Friday that an agreement had been reached with ABB South Africa in terms of which the multinational technology group would repay R1.56-billion to the State-owned utility to settle an overpayment dispute relating to a corrupt Kusile... 

Demand for consumer credit falls as South Africans remain cautious

By: Irma Venter     11th December 2020 South African consumers remain under severe strain, says TransUnion’s third-quarter South Africa Industry Insights Report. Although the latest data relates primarily to a period when Covid-19 measures were less stringent than during the initial lockdowns earlier in the year, there was still a... 

International Women in Mining launches newest edition of mentoring programme

By: Marleny Arnoldi     7th December 2020 Gender equality nonprofit organisation International Women in Mining (IWiM) has announced the launch of its 2021 International Women in Resources Mentoring Programme (IWRMP) in collaboration with organisational specialist Metisphere. The programme seeks to actively empower women in the mining... 

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